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Trends > Emerging Markets
Emerging Markets
Growth opportunities are hard to find in Europe and North America. Alcohol and soft drink companies alike are turning Latin America, Asia, and the Middle East in search of new consumers.
Diageo’s $150m global supply chain shakeup ‘likely’ to cost jobs
Diageo will spend around £100m refocusing its global supply and procurement operations to reflect acquisitions in key emerging markets, but says the streamlining operation will probably mean job losses.
News in brief
SAB Miller invests $40m in new Namibia brewery to brew Carling
SAB Miller plans to invest $40m in a new 260,000 hectoliter brewery in Namibia, and says completion of the build by H2 2014 will allow it to make more key...
Carlsberg bids $466m to take control off China’s Chongqing Brewery Company
Carlsberg says it is taking an ‘important step forward’ in China with a $466m offer for a controlling stake in Chongqing Brewery Company (CBC), in a move to double the...
Malty without the malt: Symrise maltless beverage targets Middle East market
Alcohol-free malt beverages are big business in the Middle East and there were plenty of varieties on show at Gulfood last week. Symrise brewmaster and category development manager Wilhelm Resanovic...
United Spirits: India regulator gives green light for $2bn Diageo deal
The Indian Competition Commission (CCI) has approved Diageo’s purchase of a 53.4% stake in United Spirits (USL), saying that the £1.28bn ($2.04bn) purchase may boost the nation’s premium spirits market...
INDUSTRY VOICES: GUEST ARTICLE, HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG
Carlsberg mulls potential $1.2bn China M&A move in Chongqing
After a quiet beginning to 2013, M&A activity is heating up in China’s beer market, as Carlsberg said on Monday it was considering upping its stake in Chongqing Brewery, intensifying...
Coke admits Atlanta city may seek wastewater damages
The Coca-Cola Company revealed yesterday that City of Atlanta regulatory authorities may seek monetary or other sanctions against it due to potential inaccuracies in wastewater reports submitted by its Atlanta...
Oxfam slams PepsiCo, Coke over workers’ well-being
The Coca-Cola Company and PepsiCo both received dismal scores in a new Oxfam report that claims the world’s ‘Big 10’ food and beverage companies fail to protect workers, especially women....
The Stella Cidre sensation – Where AB InBev went right: Mintel
Mintel analyst Chris Wisson tells Ben Bouckley how Anheuser Busch InBev (AB InBev) hit the bull's eye with its £62m Stella Artois Cidre brand in the UK, sucking beer drinkers...
Mexican regulators scrutinize $76m UBS brokered Coca-Cola FEMSA share trade
Mexican authorities are reportedly examining a $76m trade brokered by UBS in Coca-Cola FEMSA shares just hours before the firm announced its acquisition of rival bottler Grupo Yoli on January 17.
Carlsberg defends slight erosion in Russian market share
Carlsberg insists that analysts following the firm should take a long-term view of its market share in Russia, as it brushed off concerns over a slight erosion of its position...
CONSTELLATION BRANDS APPEARS CLEAR WINNER UNDER REVISED DEAL TERMS
AB InBev agrees $2.9bn asset sale to shake off Feds over Modelo deal
Anheuser-Busch InBev (AB InBev) has agreed to sell a massive Grupo Modelo brewery to Constellation Brands as part of a $2.9bn transaction, to defuse a US legal fight over its...
Coke unfazed by recent Chinese sales slump, stretches sparkling lead over PepsiCo
The Coca-Cola Company insists it remains confident in the long-term resilience of its Chinese business, despite a 4% slump in volume sales during the last quarter of 2012.
Diageo spirits ABC is advantage over SAB Miller: Analyst suggests
Diageo is in an arguably stronger market position than multinational peer SAB Miller due to its core exposure to spirits rather than beer, according to one City analyst who covers...
News in brief
GSK not A-OK with Ribena, Lucozade? Strategic review begins…
GlaxoSmithKline (GSK) has launched a strategic review of its Lucozade and Ribena brands, hinting that the western-facing brands do not fit its increased focus on emerging markets such as China...
The world (of Coke and Pepsi) is not enough in emerging markets...
Clinching global culture club membership by swigging Pepsi or Coke is not enough for soft drinks consumers in emerging markets, who are increasingly swayed by regional tastes, according to Euromonitor...
Heineken silent on Finnish sale tattle but confirms JP Morgan strategic review link
Heineken has confirmed to BeverageDaily.com that it is working with JP Morgan as it begins a strategic review of its Finnish business, and PepsiCo licensee, Hartwall but refused to comment...
Comment
Don’t take yer guns to town AB InBev, the Sheriff he’s a-waitin’…
With the US Department of Justice (DOJ) gunning to takedown AB InBev’s $20bn takeover of Grupo Modelo, the firm likely prefers peace talks in the Sheriff’s office to a High Noon-style...
Carlsberg re-enters Burma clutching plans for new 1m hectoliter brewery
Carlsberg today formed a JV with a Burmese brewer to produce and market its brand portfolio, and told BeverageDaily.com the nation offered 'huge growth potential' in an under-penetrated beer category....
Diageo faces struggle to make United Spirits pay: Analyst
The potential upsides in Diageo’s potential acquisition of a majority stake in India's United Spirits (USL) are clear but achieving acceptable profitability from the business may be tricky, according to...
Coke and Pepsi shifting bottling assets to build brands in 2013: Rabobank analyst
The Coca-Cola Company and PepsiCo are looking to shift bottling assets onto strong franchise partners in order to refocus in house efforts on brand building and marketing.
‘Time to market’ will be future key for Indian clients: Sidel
Swiss-based PET packaging specialist Sidel has opened a dedicated packaging and tooling center in Pune, India to offer customers improved regional service and boost time to market.
News in brief
Diageo raises sorghum beer stakes with $36m investment
Diageo has agreed to a form a 50:50 joint venture with DR Mallya to take over United National Breweries' traditional sorghum beer business in South Africa, with the UK company...
Large scale solar food processing under investigation
Large scale solar food processing remains under-exploited, especially in hot countries, according to a study that is due to be published in the Journal of Food Science and Technology.
Danone juice JV with Chiquita dogged by ‘mismanagement’: Industry source
With rumors emerging that Danone is selling its 51% stake in its fruit juice JV with Chuiquita Brands International, one industry source told BeverageDaily.com that the French firm was likely...
